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Crude Oil Almost $100 per Barrel

Crude oil prices set new records, now the plank is set to $99.29 per barrel. Winter is coming to the northern hemisphere at it means buying more fossil fuels. The weakening US dollar and speculation that the US Federal Reserve will once again cut interest rates also boosted prices on Wednesday. USA daily consumption is from 85 to 86 million barrels while oil producers turn out about 85 million barrels.